🔍AI, Data Center, and Energy Startups See Record $32B Venture Capital Surge in October
Venture funding hit $32 billion in October, driven by large rounds in AI, data centers, and energy, with OpenAI alone raising $6.6 billion, accounting for 20% of the month’s total.
🔍AI, Data Center, and Energy Startups See Record $32B Venture Capital Surge in October
Venture funding hit $32 billion in October, driven by large rounds in AI, data centers, and energy, with OpenAI alone raising $6.6 billion, accounting for 20% of the month’s total.
In 2018, Russia banned Telegram although it reversed the prohibition two years later. "Your messages about the movement of the enemy through the official chatbot … bring new trophies every day," the government agency tweeted. "The inflation fire was already hot and now with war-driven inflation added to the mix, it will grow even hotter, setting off a scramble by the world’s central banks to pull back their stimulus earlier than expected," Chris Rupkey, chief economist at FWDBONDS, wrote in an email. "A spike in inflation rates has preceded economic recessions historically and this time prices have soared to levels that once again pose a threat to growth." Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. Russian President Vladimir Putin launched Russia's invasion of Ukraine in the early-morning hours of February 24, targeting several key cities with military strikes.
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